On April 17, 2019, Teras Resources Inc. (TSXV:TRA) closed the transaction. The company has amended the terms of the transaction. The company issued 5,800,000 units for gross proceeds of CAD 290,000. The transaction included participation from 9 placees. The hold period for the securities issued will expire on August 17, 2019. The company has received acceptance for filing documentation from SX Venture Exchange.